Oligarch a Step Closer to Losing $585 Million Divorce Battle

Farkhad Akhmedov, a Russian billionaire that made his fortune from natural gas, claims that the 2016 divorce decree from his wife Tatiana Akhmedova is invalid because he divorced her 16 years ago in Russia. The London court where Tatiana won her claim awarded her 41% of Farkhad’s fortune, totalling $585 million. The Moscow City Court has rejected an appeal by the businessman seeking to prove the existence of that divorce.

In the London case, Akhmedov’s lawyers produced “official” documents confirming the Russian divorce. The judge, however, suggested that the Moscow documents “were, at all material times, forged,” and an official finding that Akhmedov failed to submit “sufficient and credible evidence.”

The post Oligarch a Step Closer to Losing $585 Million Divorce Battle appeared first on ADR Toolbox.

This post, Oligarch a Step Closer to Losing $585 Million Divorce Battle,  by Gerry W. Beyer, Wills, Trusts & Estates Prof Blog first appeared on  at http://www.adrtoolbox.com/.

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